(1) The Board may frame rules in order to accomplish the objectives of this Act. Provided that, these Rules shall not  come into force without being approved by the Government of Nepal.
(2) Without prejudice to the generality of powers conferred by Sub-  section (1), the Corporation may frame Rules on the following matters in
particular:
(a) Time, venue of the meetings of the Board and rules of procedures thereof,
(b) Delegation of authority by the Board to the chairperson, director or other administrative officer of  the Corporation,
(c) Appointment, promotion, transfer, dismissal, remuneration, pension, gratuity, bonus, conduct,
discipline, and terms and conditions of service of the employees and advisers of the Corporation,
(d) Terms of contract and bond to be made on behalf of the Corporation,
(e) Procedures for using the seal of the Corporation,
(f) Manner of performing the functions to be performed by the Corporation,
(g) Arrangement of all affairs to be carried out by the Corporation under this Act.